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on at the debate is that the cleveland clinic is doing healthcare right. coming up this hour, we are speaking to a doctor at the cleveland clinic about his prime time shot up and more importantly what about what mitt romney has said about getting rid of the healthcare brand in the healthcare law that the president has pushed forward. he has some interesting points on that. such a successful company. one year ago warren buffett said i am buying this company outright. one year later we seek to the chairman, ceo in a fox business exclusive. an interview about a multibillion-dollar deal. what does he see on the business landscape? how does he feel about how the united states economy is coming through and how it is that gigantic chemical business did his first and only job -- he joined when he was a freshman in college in 1979. he has made his home here in cleveland. first, it is the last hour of trading. are we fumbling this rally? what happened? don implement rate fell to its lowest level since 2009. we are moderating here. in fact, we had the nasdaq and s&p suddenly turning negative good the ec
center. in today's cover story, why healthcare costs have increased in recent months. plus, it's been 4 years since the housing bubble burst - punishments for big banks may finally be around the corner. and, one of the richest men on wall street is trash-talking a taco stock. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, october 3rd. i'm angela miles. in today's first look: the debate in denver. the first presidential debate is tonight, and it's starting to take on the feel of a sporting event. ahead of the showdown, muted action from the market. the dow sold off 33 points, and small gains were made in the s&p 500 and nasdaq. gold and oil pulled back slightly. meg whiteman, the ceo of hewlett-packard, will hold her first analyst meeting today since taking the job last september. traders have become concerned about the the tech company's competitiveness in the consumer and corporate in spaces. let's get a jump on the trading day now with mark sebastian of option pit mentoring. g
- in healthcare, information technology and customer service. "when you do see big companies showing improvement and small companies too, that's all good news and means we're pointed in the right direction." grasz says it sets the stage for a strong 2013, even as congress prepares to grapple with the so-called "fiscal cliff" of expiring tax cuts and spending programs. "right now, it seems as though business doesn't think washington will be that crazy as to let that the fiscal cliff happen. government will solve this and not force the u.s. into recession." as for the presidential campaigning, for all the talk about healthcare costs and tax cuts, only one in five employers surveyed told careerbuilder that the election's outcome would impact their hiring. the rest said it'd have no effect or weren't sure. but retailers plan to use the holidays as an audition for full-time applicants. john challenger says out of 700,000 holiday hires, 25% will see it lead to a full-time position. on the flip side of all this, layoffs are at their lowest levels in a decade. even cutbacks to government payrolls have s
people on the medicaid doyle . some of you say that is black mailing state to make the healthcare law look success employ. weome to forbes on fox. we'll have elizabeth john and rick and vict toria and mark and rich. good to see you. emac, is it black mail? >> under the law. you will see half of the uninsured possibly going in through medicaid. the states administer medicaid and the deal with the federal government with the healthcare law, we will match a hundred percent of the cost. that will go down. if you don't do what we like we'll remove the federal fund the states, cops, fire men and teachers and transportation could get cut. >> mark, even supreme court roberts who liked the obama care and said it was not unconstitutional. but a state said who opts out stands to lose a small percentage of the medicaid funding but all of it. he said it is coercive . >> that is one justice's opinion and the fact is, it is a federal program . it was passed by congress and no cost to the state by three year after that only 90 percent it is not a state's rights issue. it is to reduce healthcare cost.
of federal to send oneher message to crooks. >> health-care fraud has never been a worst proposition that it is today. you are more likely to get make aif you do fraudulent claim. >> one extreme case, officials said a doctor in dallas often documentscks of without any review in a scheme to bring in as much money as as he could. has arrived in united states. you where there is snow tonight. >> we have some dramatic changes coming to our weather. for hockey news fans. rgii is not the only rookie starter. [ barack obama ] i'm barack obama, and i approve this message. [ female announcer ] he says... president obama and i both care about poor and middle-class families. [ female announcer ] but this is what the budget plan mitt romney supports actually does. more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? if mitt romn
. we have some pointers you may want to know before you choose a healthcare provider for you and your family. >> reporter: open enrollment can be a tedious task for many people. this year choosing your healthcare coverage could be a lot less stressful if you know a few things up front. first there are a few changes. comparing healthcare plans should be a lot simpler. information packets will include simple summaries of coverage costs allowing you to compare not only your company's plan but your spousal's plan. women's coverage is about to get better because of healthcare reform. insurers must cover annual wellness visits and contraceptives. there are more plans to choose from. there will be more than the basic choice. new options will include employee plus spouse or employee plus children. flexible spending account alownesses are shrinking. you'll be able to set aside $2500 pretax. that's dunn from the current $5,000 limit. for more check out cnn money.com or money magazine. >>> not worrying about that popcorn you dropped or the soda you spill but somebody as to clean up after the gam
do for more than four decades. [ male announcer ] unitedhealthcare wants to know "what do you want from a medicare plan?" i just want a company that helps me get the most out of my healthcare. i want it to be simple. one plan. one card to carry. i want lower copays... and i want my drugs covered. [ male announcer ] say "hello" to more of what you want with unitedhealthcare and our all-in-one medicare advantage plans, including aarp medicarecomplete plans, insured through unitedhealthcare. one, simple plan could give you hospital and doctor coverage with prescription drug benefits and more, like vision and hearing, all with monthly premiums as low as zero-dollars. oh, and i want to spend less on prescriptions. [ male announcer ] say "hello" to value. on average, our medicare advantage members save over eighteen hundred dollars each year on prescriptions alone. call unitedhealthcare now to discuss what you want in a medicare plan. i want the freedom to pick my doctors. [ male announcer ] say "hello" to choice. unitedhealthcare has one of the largest networks, giving you the flexibili
just thought you should know. [ male announcer ] unitedhealthcare wants to know "what do you want from a medicare plan?" i just want a company that helps me get the most out of my healthcare. i want it to be simple. one plan. one card to carry. i want lower copays... and i want my drugs covered. [ male announcer ] say "hello" to more of what you want with unitedhealthcare and our all-in-one medicare advantage plans, including aarp medicarecomplete plans, insured through unitedhealthcare. one, simple plan could give you hospital and doctor coverage with prescription drug benefits and more, like vision and hearing, all with monthly premiums as low as zero-dollars. oh, and i want to spend less on prescriptions. [ male announcer ] say "hello" to value. on average, our medicare advantage members save over eighteen hundred dollars each year on prescriptions alone. call unitedhealthcare now to discuss what you want in a medicare plan. i want the freedom to pick my doctors. [ male announcer ] say "hello" to choice. unitedhealthcare has one of the largest networks, giving you the flexibility to
passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >> john: for months, mitt romney and barack obama has attacked each other but three times this fall they faced each other. debates can make a big difference. >> you will never have as many people watching the two candidates together as you are going to have on debate night. >> john: and they can't control the debates the way they control everything else.
in the debate last night. you talk about health-care stocks. let's take a look. there was a lot of criticism by romney of the obama health-care program, so we saw hospital stocks like tenet and ata fall by 2%, humana up there, and looking at health insurers like billionpoint also responding on the upside so what were you telling your clients today what to do with the health care stocks? >> well, one of the things we've been tracking as the corelation between health-care stocks in general and the possibility of obama winning a re-election versus romney, the challenger coming in and wing. and what happens is there is a divergence. healthare in general tends to dokay if people think romney is going to be re-elected and that is overall. but health care really breaks down to the service providers like the hospitals. which would actually severely benefit quite a bit if obama care continued on as planned. but if we had someone like romney come and take over and you know do what he says to get rid of obama care the folks who provide service are certainly going to be adversely affected. the folks tha
talk about healthcare and education because we have plans on both those things. what we're going to do is roll back tax cuts -- and i want everyone to hear this because there have been exaggerations made on the campaign trail -- roll back tax cutes for people who make over $200,000 a year. we will do that. we want to keep the tax cuts that are in place for people who make less than $200,000 a year and give additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close some corporate loopholes. i want to be honest with people. we can't eliminate this deficit. people have heard that over and over and over in four years. we cannot do it. we're in too deep a hole.
that helps me get the most out of my healthcare. i want it to be simple. one plan. one card to carry. i want lower copays... and i want my drugs covered. [ male announcer ] say "hello" to more of what you want with unitedhealthcare and our all-in-one medicare advantage plans, including aarp medicarecomplete plans, insured through unitedhealthcare. one, simple plan could give you hospital and doctor coverage with prescription drug benefits and more, like vision and hearing, all with monthly premiums as low as zero-dollars. oh, and i want to spend less on prescriptions. [ male announcer ] say "hello" to value. on average, our medicare advantage members save over eighteen hundred dollars each year on prescriptions alone. call unitedhealthcare now to discuss what you want in a medicare plan. i want the freedom to pick my doctors. [ male announcer ] say "hello" to choice. unitedhealthcare has one of the largest networks, giving you the flexibility to choose, and easily change, your doctors. call today. let us help you learn more about our choice of medicare advantage plans including aarp medicare
in the system now which is why healthcare is rising faster than any other cost. >> should this board be the one calling the tune and deciding all this? >> let's hear what that calls the shots. >> there are some differences. we didn't raise taxes. you've raised them by a trillion dollars under obamacare. we didn't put in place a board that can tell people ultimately what treatments they are going to 70. we don't need to have a board of 15 people telling wlaws kinds of treatments we should have. >> let me just point out first of all this board that we're talking about can't make decisions about what treatments are given. that's explicitly prohibited in the law. what this is, is a group of healthcare experts, doctors, et cetera, to figure out how can we reduce cost of care in the system overall. >> the problem is the board controls the money. and if the doctor chooses to go with a special treatment that the board has not envisioned, they cut off his money. >> don't insurance companies do that right now? >> i don't think so. >> of course. >> if they don't like the treatment, if they think it's too
and stability you're looking for, an aarp medicarecomplete plan insured through unitedhealthcare. what makes it complete? it can combines medicare parts a and b, which is your hospital and doctor coverage with part d prescription drug coverage, and more, all in one simple plan starting at a zero dollar monthly premium -- no more than what you already pay for medicare part b. an aarp medicarecomplete plan offers you benefits like an annual physical, preventive screenings and immunizations for a $0 copay. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. there's more. when you enroll in an aarp medicarecomplete plan insured through unitedhealthcare, your benefits could also include vision and hearing coverage, and prescription drug coverage accepted at pharmacies nationwide. the pharmacy saver program makes prescriptions available for as little at $2 at thousands of pharmacies. unitedhealthcare has worked with pharmacies in retail locations like these to get low costs for our members. when you enroll, you'll enjoy advantages l
. >>> jobs, taxes, healthcare, and big bird! the first perez dishl debate is in the book -- presidential debate is in the books. >> looking at the cbs news instant polls, the former governor apparently knocked it out of the park. 500 uncommitted voters were asked who won this debate. 46% said romney was the winner, while only 22% said that the president was the victor this time. as for their view of romney, the man who has been fighting to ensure that he relates to the average american, 56% of the polls said they had a better opinion of the former governor after this debate. what started out as cordial quickly became heated. >> his proposal calls for a $5 trillion tax cut on top of $2 trillion of additional spending for the military. and he is saying that he is going to pay for it by closing loopholes and deductions. he's been asked over 100 times how he would close those loophole, and he hasn't identified them. >> if the tax plan he described airplane tax plan i was asked to support, i'd say absolutely not. i'm not looking for a $5 trillion tax cut. i've said i won't put in place a tax
spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> the fact is that if you're the race the way you describe, governor, it's not possible to come up with enough loopholes that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math. it's arithmetic. >> you heard that line from the president a couple times about math. post game reaction over the spin alley behind you. david axel dgs rod said romney is a good debateor but it's not a game changer z saying if this was a game the ref would have called it. there you have it. both sides weighing in on what you're going see. >> just to give you a shot of what we're seeing this is david axel rod. if we take this camera, you can see they're gathered around and he's talking about the debate. and is sa
all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never misd a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. ♪ neil: welcome back, everybody. david axelrod talking to a throng of supporters, the president's campaign manager, probably saying mitt romney won the debate -- not. i'm with senator marco rubio, the fine state of florida, and you an interesting point that forget about who won or lost. this helps rejazz the base. you didn't use those terms, but those who might have had concerns, this was slipping away from the romney campaign, this release them of that? >> it's more than that. the base, the conservatives, the believers are frustrated with how long the president got away with things that are not true and not having the justify the record. tonight, for the figure time, they feel they stood up to him, pointed out what he did wrong, called him out on things not tr
not be at the core of the debate. the health-care programs are a significant concern. in fact, one of the interesting things is that if we had a health-care system that was as efficient as some of the european health-care systems, we would have no deficit. so that in fact it's the inefficiency of our health-care system that is a major cause of our deficits. so my mind our focus should be -- >> to make it more efficient. >> and the health-care reform passed by the congress did it do that. >> it was a move in the right direction. >> didn't go far enough. >> it didn't go far enough. and some of the things are going to take awhile. look there was a lot of pushback from the say the pharmaceutical industry. one of the things is that in the bill that was passed that provided for the drug benefit there was a provision that gave the drug companies huge amounts of money. that was cut back just a little bit. health insurance companies still get excess profits. so we have a lot of that in this part of the health-care system that we could take out. the problem is that the kinds can of proposals that say ryan put
and the liberals already have. to pay for government-run healthcare, you'll pay higher taxes and more for your m medicine. and their plan includes a trillion dollars in higher taxes. even on the middle class. mitt romney and common sense conservatives will cut taxes on the middle class. and they'll close loopholes for millionaires. obama and his liberal allies? we can't afford four more years. [ romney] i'm mitt romney and i approve this message. >> live and in hd, this is abc 7 breaking news. [inaudible] >> breaking news is coming in washington.st seven residents were rescued by firefighters. people may soon be searching for e to wait -- to live. tom roussey has the first report of there. now live. >> workers are still out here up the scene tonight. a fire department has not the official cause of the fire. you where it started. started on a second-floor apartment. have since put plywood on e window there. was from the third floor tore a number of folks had be rescued. one man fell. in this video shot by a thehbor, you could see the threeoting out of story apartment building. people on the scene
/pharmacy. accepts united healthcare nefit plans. find a clininic near you at minuteclilinic.com. captioned by the national captioning institute --www.ncicap.org-- this is abc 7 news at 6:00, on your side. a task force has released recommendations for a more system. electrical >> putting power lines underground. saysnor marti o'malley to an increase $2$1 to to w dollars -- to bills. >> a private survey indicates growth may be affecting hiring. they say private-sector companies added fewer numbers -- r jobs. not enough to are sufficiently push down the and rate.ment e. the unemployment rat >> experts say people will spend more this year than last year. they look for an increase in november and december. the forecast is the increase since 2009. it does not feel like the holidays around here. >> the temperatures and a levels are up. much cooler weather is on the way. ourt time-lapse from two of cameras -- the time- our two rooftop cameras. definitely a little bit of humidity in the air. muggy. 75 in gaithersburg, 77 now in warrenton. average, theabove official temperature at reagan national. a
as quickly has we marched them in. >> is the healthcare reform act the answer. mitt romney said he will refeel immediately. so what is your stance. >> the healthcare has a lot of good intenses but it's not going to accomplish those goals it. create as bigger government bureaucracy and it tries to reduce prices by initiating price controls and those things don't work. what we really need is to create free market solutions look allowing insurers to compete for your business rather than forcing everybody to buy insurance and restricting the types of insurance that those people can buy. >> how do you address the ongoing stalemate and generallal nastiness that exists in both houses. >> i think to a large extent the nastiness has been everblown by the media. stalemates are a good thing because it stops the government from making big drastic changes in people's lives unless there is an agreement about those changes. as for myself i find things aagree with on both sides of the aisle. republicans, aagree with lower -- agree withler taxes and simpler tax code. for the democrats, i think the
each other on healthcare taxes and the deficit. >>> blue angels will be here this afternoon. news chopper 2 was here when they arrived in the bay area on tuesday. at 12:30 they are scheduled to hold a practice flight over the building and you fans can meet the pilots at pier 39 which starts at 7:15. you can get the rest of all of this. look at the hot topic section right there on the home page. >>> sal? >> i am just on the phone with bart. >> she said -- the nice lady, deborah, thank you very much. >> hold on, please, i am on television. >> i wanted to hear what she was saying. she said that the bart delays are spreading out and they should be gone in an hour or so. she was telling me that the bart delays are still 20 minutes and now tapes are moving at full speed and some are delayed as much as 20 - 30 minutes. i just got the rundown, and all level savage is on this story. we got some pictures from the maintenance vehicle right near the mcarthur steaks that caused the problem. let's go to the bay bridge. we were worried about -- you know people are worried about hearing about the
medical coverage if mitt romney repeals the president's healthcare reform. despite romney's claims that people who already suffer ailments would still be covered if they changed jobs, bloomberg news says this that it doesn't complain what his plan would do for many other patients. as usual, governor romney gets vague on the details. even nearly a week later he still has not filled in the blanks. but tens of millions to find affordable healthcare unattainable. they'll bring this up thursday in the debate with congressman paul ryan. 36 million people have their health eight risk. the president and vice president should hammer it home in t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t (vo) always outspoken, now unleashed. joy behar. >> on my next show, robert klein can't stop his leg, gilbert gottfried can't stop his mouth and i can't stop laughing long enough to ask a question. >> eliot: there were some folks last week before the debate who declared the presidential race over. confession time, i was one of them. but after two debate performances, one of which goes down a
! yeah! minuteclinic, the medical clinic in cvs/pharmacy. accepts united healthcare benefit plans. find a clinic near you at minuteclinic.com. . >>> talking about the redskins? >> yeah and some college sports. >> yeah. >> and that is kind of weird around here. maryland has, just say, it's been a rough few years. >> yes, it has. >> for the terps and that is a nice way to put it. and this is about the tariff. no one feared the turtle. they won only two games and this is a new year. they try to get the third win already in five tries. see, people, it's baby steps what we're talking about. the acc opener against lake forest. the second quarter, maryland down 7-6 and got a good looking quarterback, ladies, tory hills to a wide open kevin dorsey w.33 yards and with that eight minutes to go and behind 14-13, another freshman and watch what he does. gets to the house. almost, an incredible 63-yard game led to a one-yard touchdown and maryland defeats wake, the third win, already more of last year. how about the hope, hope, hoping high. hey, in chapel hill, what happened to the yankees. usc with
onto gains all day. we have healthcare taking off as well. ten of the 52 healthcare related stocks in the s&p 500 got not only are doing well, they are hitting her and new highs today. initial claims rising. jobless claims rising to 367,000 last week. that is a number you want to see going down. talk about a comeback. after posting its biggest one-day percentage decline since 2011. oil. following the release of the minutes from the most recent federal reserve meeting. let's go to the inside of the scoop. let's get right to the floor show. we are talking to the traders at the new york stock exchange, cme and the imax. you pick it apart from the sectors and from all that is happening. what is the most important aspect of today's move? >> if you look at hr for the day, we opened high and we stayed high. what we have seen over the last couple sessions is the market seems like it wants to rally in and it loses steam toward the end of the day. if we continue to maintain these levels and we are trading at the highs right now, it will show a significant move in real momentum into the marke
] choose an aarp medicarerx plan from unitedhealthcare. unitedhealthcare understands your needs. that's why when you switch you'll say hello to savings... hello to value... hello to a part d plan that's there for you. enroll right over the phone or call now for your free information kit. it includes this guide to part d and aarp medicarerx plans. i can choose a plan with no deductible or low monthly premiums. either way, i can use my savings for other, better things. oh yeah, my wife's birthday is coming up. [ male announcer ] open enrollment starts october 15th and ends december 7th. so call now to discuss your options and learn how you could save. like the new preferred pharmacy network, from unitedhealthcare, where you can get copays for as low as $1 at thousands of pharmacies in retail locations like these. prescriptions for a buck? a buck won't even get you a cup of coffee these days. [ male announcer ] unitedhealthcare is here for you, so call for your free information kit, or to enroll. get the part d plan you deserve, including no deductible, the preferred pharmacy network and much
Search Results 0 to 49 of about 745 (some duplicates have been removed)